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BSE IPO Gets SEBI Clearance
Wednesday, January 4, 2017, 6:48 PM
BSE Ltd, India's second largest stock exchange, has got clearance for its initial public offering (IPO), from the Securities and Exchange Board of India (SEBI). BSE had filed a draft prospectus for its IPO with SEBI, in September. BSE wants to list its shares on NSE. The IPO is expected to raise about $200 million, and could be launched as early as this month.